O-2024-227 - 9/12/2024 ORDINANCE NO. 0-2024-227
AN ORDINANCE LEVYING TAXES FOR THE MAINTENANCE AND
OPERATION OF THE MUNICIPAL GOVERNMENT OF THE CITY OF
ROUND ROCK, TEXAS, AND PROVIDING FOR THE INTEREST AND
SINKING FUND FOR THE TAX YEAR 2024.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ROUND ROCK,
TEXAS:
I.
That the Tax Assessor-Collector for Williamson County, Texas acting as the designated
officer for the City of Round Rock, Texas as defined by state law has heretofore certified, in
accordance with sections 26.04(d-1, d-2, d-3) of the Texas Tax Code, that he has accurately
calculated the tax rates and has used the values that are the same as the values shown in the
taxing unit's certified appraisal roll in performing the calculations for tax year 2024, a copy of
said certification being attached hereto as Exhibit "A"; and
That the Chief Financial Officer of the City of Round Rock, Texas, has heretofore
submitted, in accordance with section 26.05(e-1) of the Texas Tax Code, a written certification
that the amount of additional sales and use tax revenue that will be used to pay debt service has
been deducted from the total amount of debt in the tax rate calculations for tax year 2024, a copy
of said certification being attached hereto as Exhibit`B"; and
II.
That there is hereby levied and there shall be collected for the maintenance and operation
of the municipal government of the City of Round Rock, Texas, for the year 2024 upon all
property, real, personal and mixed, within the corporate limits of said City subject to taxation, a
tax of 25.4602 cents on each One Hundred Dollars ($100.00) valuation of property.
0112.20242:4895-93828223
That there is hereby levied and there shall be collected for the City of Round Rock,
Texas, to provide for Interest and Sinking Funds for the year 2024 upon all property, real,
personal and mixed, within the corporate limits of said City subject to taxation, a tax of 10.5398
cents on each One Hundred Dollars ($100.00) valuation of property.
SUMMARY
Maintenance and operation
of the Municipal Government 25.4602 cents
Interest and Sinking 10.5398 cents
Total Tax per$100.00 of valuation 36.0000 cents
THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE AND
OPERATIONS THAN LAST YEAR'S TAX RATE. THE TAX RATE WILL
EFFECTIVELY BE RAISED BY 10.09 PERCENT AND WILL RAISE TAXES FOR
MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY
APPROXIMATELY $23.33.
III.
All monies collected under this ordinance for the specific items herein named, be and the
same are hereby appropriated and set apart for the specific purpose indicated in each item and
that the Assessor and Collector of Taxes, and the City Chief Financial Officer shall keep these
accounts so as to readily and distinctly show the amount collected, the amounts expended and the
amount on hand at any time, belonging to such funds. All receipts for the City not specifically
apportioned by this ordinance are hereby made payable to the General Fund of the City.
The City Council hereby finds and declares that written notice of the date, hour, place
and subject of the meeting at which this Ordinance was adopted was posted and that such
meeting was open to the public as required by law at all times during which this Ordinance and
2
the subject matter hereof were discussed, considered and formally acted upon, all as required by
the Open Meetings Act, Chapter 551, Texas Government Code, as emended.
READ and APPROVED on first reading this the QIday of ,
2024.
A
READ, APPROVED and ADOPTED on second reading this the day of
2024.
CRAIGORG ,Mayor
City of Round R k, Texas
ATTEST:
MEAGAN&01erk
3
MISSION STATEMENT W
Our dedicated team is committed to providing innovative and exceptional
customer service in the assessment,collection,and distribution of taxes and fees.
WILCO
TEXAS
EXHIBIT
Larry Gaddes PCAC, CTA
"A"
Tax Assessor/Collector
.10
CITY OF ROUND ROCK
PROPERTY TAX CODE, SECTION 26.04
SUBMISSION OF TAX RATES
I, Larry Gaddes, Tax Assessor/Collector for Williamson County, do hereby submit to the
governing body of your taxing jurisdiction the No-New-Revenue and Voter-Approval rate.
The rates as reflected below are calculated by my office per Chapter 26 of the Texas Property
Tax Code for tax year 2024.
NO-NEW-REVENUE TAX RATE: $0.331466/ $100
VOTER-APPROVAL TAX RATE: 0.360205/ $100
8/6/2024
Larry Gaddes PCAC, CTA Date
Williamson County
Tax Assessor/Collector
Maiq Office: Annex Locations:
904 South Main Street 1801 E Old Settlers Blvd,Ste 115 350 Discovery Blvd,Ste 101 412 Vance St,Ste 1
Georgetown,TX 78626 Round Rock,TX 78664 Cedar Park,TX 78613 Taylor,TX 76574
Motor Vehicle Telephone:512.943.1601 Telephone:512.244.8644 Telephone:512.260.4290 Telephone:512.352.4140
Property Tax Telephone:512.943.1601
www.wilco.org/tax
2024 Tax Rate Calculation Worksheet
Taxing Units Other Than School Districts or Water Districts
City of Round Rock (512)218-5447
Taxing Unit Name Phone(area code and number)
221 E Main Street, Round Rock,TX, 78664-5299 https://vwvw.roundrocktexas.gov
Taxing Unit's Address,City,State,ZIP Cade Taxing Unit's Website Address
GENERAL INFORMATION:Tax Code Section 26.04(c)requires an officer or employee designated by the governing body to calculate the no-new-revenue(NNR)tax rate and
voter-approval tax rate for the taxing unit.These tax rates are expressed In dollars per$100 of taxable value calculated.The calculation process starts after the chief appraiser
delivers to the taxing unit the certified appraisal roll and the estimated values of properties under protest.The designated officer or employee shall certify that the officer or
employee has accurately calculated the tax rates and used values shown for the certified appraisal roll or certified estimate.The officer or employee submits the rates to the
governing body by Aug.7 or as soon thereafter as practicable.
School districts do not use this form,but instead use Comptroller Form 50-859 Tax Rate Calculation Worksheet School District without Chapter313 Agreements or Comptroller Form
50-884 Tax Rate Calculation Worksheet School District with Chapter 313 Agreements.
Water districts as defined under Water Code Section 49.001(1)do not use this form,but instead use Comptroller Form 50-858 Water District Voter-Approval Tax Rate Worksheet for
Low Tax Rate and Developing Districts or Comptroller Form 50-860 Developed Water District Voter-Approval Tax Rate Worksheet.
The Comptroller's office provides this worksheet to assist taxing units in determining tax rates.The information provided in this worksheet is offered as technical assistance and not
legal advice.Taxing units should consult legal counsel for interpretations of law regarding tax rate preparation and adoption.
SECTION 1:No-NP%;v-Rek,eM10 lax Rate
The NNR tax rate enables the public to evaluate the relationship between taxes for the prior year and for the current year based on a tax rate that would produce the same amount
of taxes(no new taxes)if applied to the same properties that are taxed in both years.When appraisal values increase,the NNR tax rate should decrease.
The NNR tax rate for a county is the sum of the NNR tax rates calculated for each type of tax the county levies.
While uncommon,it is possible for a taxing unit to provide an exemption for only maintenance and operations taxes.In this case,the taxing unit will need to calculate the NNR tax
rate separately for the maintenance and operations tax and the debt tax,then add the two components together.
1. Prior year total taxable value.Enter the amount of the prior year taxable value on the prior year tax roll today.Include any adjustments since last
year's certification;exclude Tax Code Section 25.25(d)one-fourth and one-third over-appraisal corrections from these adjustments.Exclude any
property value subject to an appeal under Chapter 42 as of July 25(will add undisputed value in Line 6).This total includes the taxable value of
homesteads with tax ceilings(will deduct in Line 2)and the captured value for tax increment financing(adjustment is made by deducting TIF taxes,
as reflected in Line 17)' $ 20,808,202,999
2. Prior year tax ceilings.Counties,cities and junior college districts.Enter the prior year total taxable value of homesteads with tax ceilings.
These include the homesteads of homeowners age 65 or older or disabled.Other taxing units enter 0.If your taxing unit adopted the tax ceiling
provision last year or a prior year for homeowners age 65 or older or disabled,use this step? $ 0
3. Preliminary prior year adjusted taxable value.Subtract Line 2 from Line 1. $ 20,808,202,999
4. Prior year total adopted tax rate. $ 0.342000 /$100
5. Prior year taxable value lost because court appeals of ARB decisions reduced the prior year's appraised value.
A. Original prior year ARB values:............. ., $ 1,387,318,282
B. Prior year values resulting from final court decisions:.................... ...................... _$ 1,298,761,590
C. Prior year value loss.Subtract B from A.' $ 88,556.692
6. Prior year taxable value subject to an appeal under Chapter 42,as of July 25.
A. Prior year ARB certified value:........................................ $ 3,203,634,505
B. Prior year disputed value:................................ ........................................... .$ 477,188,410
C. Prior year undisputed value.Subtract B from A.4 $ 2,726,446,095
7. Prior year Chapter 42 related adjusted values.Add Line 5C and Line 6C. $ 2,815,002,787
Tex.Tax Code 126.012(14)
'Tex.Tax Code§26.012(14)
'Tex.Tax Code§26.012(13)
'Tax_Tax Code 126.012(13)
Form developed by:Texas Comptroller of Public Accounts,Property Tax Assistance Division For additional copies,visit-.comptroller.texas.gov/taxes/property-tax
50-856-6-24/11
2024 Tax Rate Calculation Worksheet—Taxing Units Other Than School Districts or Water Districts Form 50-856
8. Prior year taxable value,adjusted for actual and potential court-ordered adjustments.Add Line 3 and Line 7. $ 23,623,205,786
9. Prior year taxable value of property in territory the taxing unit deannexed after Jan.1,2024.Enter the prior year value of property in
deannexed territory., $ 0
10. Prior year taxable value lost because property first qualified for an exemption In the current year.If the taxing unit increased an original
exemption,use the difference between the original exempted amount and the increased exempted amount.Do not include value lost due to
freeport,goods-in-transit,temporary disaster exemptions.Note that lowering the amount or percentage of an existing exemption in the current
year does not create a new exemption or reduce taxable value.
A. Absolute exemptions.Use prior year market value:.................................................... $ 2,640,595
B. Partial exemptions.Current year exemption amount or current year percentage exemption
times prior year value:............................................................. ..........:........ +$ 15.619,462
C. Value loss.Add A and B.' $ 18,260,057
11. Prior year taxable value lost because property first qualified for agricultural appraisal(1-d or 1-d-1),timber appraisal,recreational/
scenic appraisal or public access airport special appraisal in the current year.Use only properties that qualified for the first time in the
current year;do not use properties that qualified in the prior year.
A. Prior year market value:................ ,..,,_,,,. $463,478
....................................................
B. Current year productivity or special appraised value:................................................ -5 16
C. Value loss.Subtract 8 from A.' $ 463,462
12. Total adjustments for lost value.Add Lines 9,10C and 11 C. $ 18,723,519
13. Prior year captured value of property in a TIF.Enter the total value of the prior year captured appraised value of property taxable by a tax-
ing unit in a tax increment financing zone for which the prior year taxes were deposited into the tax increment fund.I If the taxing unit has no
captured appraised value in line 18D,enter 0. $ 0
14. Prior year total value.Subtract Line 12 and Line 13 from Line 8. $ 23,604,482,267
15. Adjusted prior year total levy.Multiply Line 4 by Line 14 and divide by$100. $ 80,727,329
16. Taxes refunded for years preceding the prior tax year.Enter the amount of taxes refunded by the taxing unit for tax years preceding the
prior tax year.Types of refunds include court decisions,Tax Code Section 25.25(b)and(c)corrections and Tax Code Section 31.11 payment
errors.Do not include refunds for the prior tax year.This line applies only to tax years preceding the prior tax year.9 $ 654,311
17. Adjusted prior year levy with refunds and TIF adjustment.Add Lines 15 and 16.10 $ 81,381,640
18. Total current year taxable value on the current year certified appraisal rola today.This value includes only certified values or certified esti-
mate of values and includes the total taxable value of homesteads with tax ceilings(will deduct in Line 20).These homesteads include home-
owners age 65 or older or disabled."
A. Certified values:........................................ ............................................. $ 25,129,161,237
B. Counties:Include railroad rolling stock values certified by the Comptroller's office:...................... +$ 0
C. Pollution control and energy storage system exemption:Deduct the value of property exempted
for the current tax year for the first time as pollution control or energy storage system property:........... $ 291,200
D. Tax Increment financing:Deduct the current year captured appraised value of property taxable by a taxing
unit in a tax increment financing zone for which the current year taxes will be deposited into the tax increment
fund.Do not include any new property value that will be included in Line 23 below.13.................... _$ 0
E. Total current year value.Add A and 8,then subtract C and D. $ 25,128,870,037
'Tex.Tax Code§26.012(15)
°Tex.Tax Code§26.012(15)
'Tex.Tax Code§26.012(15)
'Tex.Tax Code§26.03(c)
'Tex.Tax Code§26.012(13)
'0 Tex.Tax Code§26.012(13)
"Tex.Tar Code§26.012,26.O4(c-2)
"Tex.Tax Code§26.03(c)
For additional copies,visit:comptroller.texas.gov/taxes/property-tax Page 2
2024 Tax Rate Calculation Worksheet—Taxing Units Other Than School Districts or Water Districts form 50-856
19. Total value of properties under protestor not included on certified appraisal roll."
A. Current year taxable value of properties under protest.The chief appraiser certifies a list of properties still
under ARB protest.The list shows the appraisal district's value and the taxpayer's claimed value,if any,
or an estimate of the value if the taxpayer wins.For each of the properties under protest,use the lowest
of these values.Enter the total value under protest.".................................................... s 169,367,517
B. Current year value of properties not under protest or included on certified appraisal roll.The chief
appraiser gives taxing units a list of those taxable properties that the chief appraiser knows about but
are not included in the appraisal roll certification.These properties also are not on the list of properties
that are still under protest.On this list of properties,the chief appraiser includes the market value,
appraised value and exemptions for the preceding year and a reasonable estimate of the market value,
appraised value and exemptions for the current year.Use the lower market,appraised or taxable value
(as appropriate).Enter the total value of property not on the certified roll.11.............................. +$ 0
C. Total value under protest or not certified.Add A and B. $ 169,367,517
20. Current year tax ceilings.Counties,cities and junior colleges enter current year total taxable value of homesteads with tax ceilings.These
include the homesteads of homeowners age 65 or older or disabled.Other taxing units enter 0.If your taxing unit adopted the tax ceiling pro-
vision in the prior year or a previous year for homeowners age 65 or older or disabled,use this step." $ 0
21. Current year total taxable value.Add Lines 18E and 19C.Subtract Line 20.11 $ 25,298,237,554
22, Total current year taxable value of properties in territory annexed after Jan.1,of the prior year.Include both real and personal property.
Enter the current year value of property in territory annexed." s 1,835,321
23. Total current year taxable value of new improvements and new personal property located in new Improvements.New means the
item was not on the appraisal roll in the prior year.An improvement is a building,structure,fixture or fence erected on or affixed to land.New
additions to existing improvements may be included if the appraised value can be determined.New personal property in a new improvement
must have been brought into the taxing unit after Jan.1,of the prior year and be located in a new improvement.New improvements do include
property on which a tax abatement agreement has expired for the current year." $ 744,379,431
24. Total adjustments to the current year taxable value.Add Lines 22 and 23. $ 746,214,752
25. Adjusted current year taxable value.Subtract Line 24 from Line 21. $ 24,552,022,802
26. Current year NNR tax rate.Divide Line 17 by Line 25 and multiply by$100.10 $ 0.331466 /$100
27. COUNTIES ONLY.Add together the NNR tax rates for each type of tax the county levies.The total is the current year county NNR tax rate.S1 0.000000
$ /$too
The voter-approval tax rate is the highest tax rate that a taxing unit may adopt without holding an election to seek voter approval of the rate.The voter-approval tax rate is split
into two separate rates:
1. Maintenance and Operations(M&0)Tax Rate:The M&O portion is the tax rate that is needed to raise the same amount of taxes that the taxing unit levied in the prior year
plus the applicable percentage allowed by law.This rate accounts for such things as salaries,utilities and day-today operations.
2. Debt Rate:The debt rate includes the debt service necessary to pay the taxing unit's debt payments in the coming year.This rate accounts for principal and interest on bonds
and other debt secured by property tax revenue.
The voter-approval tax rate for a county is the sum of the voter-approval tax rates calculated for each type of tax the county levies.In most cases the voter-approval tax rate
exceeds the no-new-revenue tax rate,but occasionally decreases in a taxing unit's debt service will cause the NNR tax rate to be higher than the voter-approval tax rate.
28. Prior year M&O tax rate.Enter the prior year M&0 tax rate. $ 0.238520 /5100
29. Prior year taxable value,adjusted for actual and potential court-ordered adjustments.Enter the amount in Line 8 of the No-New-Revenue
Tax Rate Worksheet. $ 23,623,205,786
Tec Tax Code 526.01(4 and(d)
"Tex.Tax Code 526.01(c)
"Tex.Tax Code§26,01(d)
'•Tex Tax Code 426.012(6)(8)
"Tex Tax Code 426.012(6)
"Tex Tax Code 426.012(17)
"Tex Tax Code 426.012(17)
jD Tex Tax Code 526.04(c)
"Tex Tax Code 126.04(d)
For additional copies,visit:comptroller.texas.gov/taxes/property-tax Page 3
2024 Tax Rate Calculation Worksheet—Taxing Units Other Than School Districts or Water Districts Form 50-856
30. Total prior year M&O levy.Multiply Line 28 by Line 29 and divide by$100 $ 56,346,070
31. Adjusted prior year levy for calculating NNR M&O rate.
A. M&O taxes refunded for years preceding the prior tax year.Enter the amount of M&O taxes
refunded in the preceding year for taxes before that year.Types of refunds include court decisions,
Tax Code Section 25.25(b)and(c)corrections and Tax Code Section 31.11 payment errors.Do not
include refunds for tax year 2023.This line applies only to tax years preceding the prior tax year............ +5 436,919
B. Prior year taxes in TIF.Enter the amount of taxes paid into the tax increment fund for a reinvestment
zone as agreed by the taxing unit.if the taxing unit has no current year captured appraised value in 0
Line18D,enter 0....................................................................................... —S
C. Prior year transferred function.If discontinuing all of a department,function or activity and
transferring it to another taxing unit by written contract,enter the amount spent by the taxing
unit discontinuing the function in the 12 months preceding the month of this calculation.If the
taxing unit did not operate this function for this 12-month period,use the amount spent in the last
full fiscal year in which the taxing unit operated the function.The taxing unit discontinuing the function
will subtract this amount in D below.The taxing unit receiving the function will add this amount in 0
D below.Other taxing units enter ..................................................................... +/-$
D. Prior year M&O levy adjustments.Subtract B from A.For taxing unit with C,subtract if 436,919
discontinuing function and add if receiving function..................................................... $
$ 56,782,989
32. Adjusted current year taxable value.Enter the amount in Line 25 of the No-New-Revenue Tax Rate Worksheet $ 24,552,022,802
33. Current year NNR M&O rate(unadjusted).Divide Line 31 Eby Line 32 and multiply by$100. $0.231276 /$100
34. Rate adjustment for state criminal justice mandate."
A. Current year state criminal justice mandate.Enter the amount spent by a county in the previous 12 months
providing for the maintenance and operation cost of keeping inmates in county-paid facilities after they
have been sentenced.Do not include any state reimbursement received by the county for the same purpose. $ 0
B. Prior year state criminal justice mandate.Enter the amount spent by a county in the 12 months prior to
the previous 12 months providing for the maintenance and operation cost of keeping inmates in
county-paid facilities after they have been sentenced.Do not include any state reimbursement received
by the county for the same purpose.Enter zero if this is the first time the mandate applies................. —s 0
C. Subtract B from A and divide by Line 32 and multiply by$100............................................ $ 0.000000 /$100
D. Enter the rate calculated in C.If not applicable,enter 0. $ 0.000000 /$100
35. Rate adjustment for indigent healthcare expenditures."
A. Current year Indigent health care expenditures.Enter the amount paid by a taxing unit providing for the
maintenance and operation cost of providing indigent health care for the period beginning on
July 1,of the prior tax year and ending on June 30,of the current tax year,less any state assistance received for the same purpose.
$ 0
B. Prior year indigent health care expenditures.Enter the amount paid by a taxing unit providing for
the maintenance and operation cost of providing indigent health care for the period beginning
on July 1,2022 and ending on June 30,2023,less any state assistance received
for the same purpose................................................................................... _$ 0
C. Subtract B from A and divide by Line 32 and multiply by$100............................................ $0.000000 /$100
D. Enter the rate calculated in C.If not applicable,enter 0. $ 0.000000 /$100
"[Reserved for expansion)
"Tex Tax Code§26.041
"Tex.Tax Code 526.0441
For additional copies,visit:comptroller.texas.gov/taxes/property-tax Page 4
2024 Tax Rate Calculation Worksheet—Taxing Units Other Than School Districts or Water Districts form 50-858
36. Rate adjustment for county indigent defense compensation.',
A. Current year indigent defense compensation expenditures.Enter the amount paid by a county to provide
appointed counsel for indigent individuals and fund the operations of a public defender's office under
Article 26.044,Code of Criminal Procedure for the period beginning on July 1,of the prior tax year and ending on
June 30,of the current tax year,less any state grants received by the county for the same purpose.......... $ 0
B. Prior year indigent defense compensation expenditures.Enter the amount paid by a county to provide
appointed counsel for indigent individuals and fund the operations of a public defender's office under
Article 26.044,Code of Criminal Procedure for the period beginning on July 1,2022 and ending on
June 30,2023,less any state grants received by the county for the same purpose.......................... 5 0
C. Subtract B from A and divide by Line 32 and multiply by$100............................................ 5 0.000000 /$1100
D. Multiply B by 0.05 and divide by Line 32 and multiply by$100............................................ $ 0.000000 /$100
E. Enter the lesser of C and D.If not applicable,enter 0. $ 0.000000 /$100
37. Rate adjustment for county hospital expenditures.i4
A. Current year eligible county hospital expenditures.Enter the amount paid by the county or municipality
to maintain and operate an eligible county hospital for the period beginning on July 1,of the prior tax year and
ending on June 30,of the current tax year............................................................... $ 0
B. Prior year eligible county hospital expenditures.Enter the amount paid by the county or municipality
to maintain and operate an eligible county hospital for the period beginning on July 1,2022 and
endingon June 30,2023............................................................................... $ 0
C. Subtract B from A and divide by Line 32 and multiply by$100............................................ $ 0.000000 /$100
D. Multiply B by 0.08 and divide by Line 32 and multiply by$100............................................ 5 0.000000 /$100
E. Enter the lesser of C and D,if applicable.If not applicable,enter 0. $ 0.000000 /$100
38. Rate adjustment for defunding municipality.This adjustment only applies to a municipality that is considered to be a defunding municipal-
ity for the current tax year under Chapter 109,Local Government Code.Chapter 109,Local Government Code only applies to municipalities with
a population of more than 250,000 and includes a written determination by the Office of the Governor.See Tax Code Section 26.0444 for more
information.
A. Amount appropriated for public safety in the prior year.Enter the amount of money appropriated for public
safety in the budget adopted by the municipality for the preceding fiscal year............................ $ 0
B. Expenditures for public safety in the prior year.Enter the amount of money spent by the municipality for public
safety during the preceding fiscal year.................................................................. $ 0
C. Subtract B from A and divide by Line 32 and multiply by$100........................................... $ 0.000000 /$100
D. Enter the rate calculated in C.If not applicable,enter 0. $ 0.000000 /$100
39. Adjusted current year NNR M&O rate.Add Lines 33,341),35D,36E,and 37E.Subtract Line 38D. $ 0.231276 /$100
40. Adjustment for prior year sales tax specifically to reduce property taxes.Cities,counties and hospital districts that collected and spent
additional sales tax on M&O expenses in the prior year should complete this line.These entities will deduct the sales tax gain rate for the current
year in Section 3.Other taxing units,enter zero.
A. Enter the amount of additional sales tax collected and spent on M&O expenses in the prior year,if any.
Counties must exclude any amount that was spent for economic development grants from the amount
of sales tax spent...................................................................................... $ 30,128,454
B. Divide Line 40A by Line 32 and multiply by$100........................................................ $ 0.122712 /$1100
C. Add Line 40B to Line 39. $ 0.353988 /$1100
41. Current year voter-approval M&O rate.Enter the rate as calculated by the appropriate scenario below. $ 0.366377 /5100
Special Taxing Unit.If the taxing unit qualifies as a special taxing unit,multiply Line 40C by 1.08.
-or-
Other Taxing Unit.If the taxing unit does not qualify as a special taxing unit,multiply Line 40C by 1.035.
s Tex.Tax Code 426.0442
^Tex.Tax Code 426.0443
For additional copies,visit:comptroller.texas.gov/taxes/property-tax Page 5
2024 Tax Rate Calculation Worksheet-Taxing Units Other Than School Districts or Water Districts Form 50-856
D41. Disaster Line 41(D41):Current year voter-approval M&O rate for taxing unit affected by disaster declaration.If the taxing unit is locat-
ed in an area declared a disaster area and at least one person is granted an exemption under Tax Code Section 11.35 for property located in the
taxing unit,the governing body may direct the person calculating the voter-approval tax rate to calculate in the manner provided for a special
taxing unit.The taxing unit shall continue to calculate the voter-approval tax rate in this manner until the earlier of
1)the first year in which total taxable value on the certified appraisal roll exceeds the total taxable value of
the tax year in which the disaster occurred,or
2)the third tax year after the tax year in which the disaster occurred
If the taxing unit qualifies under this scenario,multiply Line 40C by 1.08.21 If the taxing unit does not qualify,do not complete
Disaster Line 41(Line D41).
5 1$100
42. Total current year debt to be paid with property taxes and additional sales tax revenue.Debt means the interest and principal that will
be paid on debts that:
(t) are paid by property taxes,
(2) are secured by property taxes,
(3) are scheduled for payment over a period longer than one year,and
(4) are not classified in the taxing unit's budget as M&O expenses.
A. Debt also includes contractual payments to other taxing units that have incurred debts on behalf of this taxing unit,if those debts
meet the four conditions above.Include only amounts that will be paid from property tax revenue.Do not include appraisal district
budget payments.If the governing body of a taxing unit authorized or agreed to authorize a bond,warrant,certificate of obligation,or
other evidence of indebtedness on or after Sept.1,2021,verify if it meets the amended definition of debt before including it here.21
Enter debt amount.................................................................................... $ 30,552,630
B. Subtract unencumbered fund amount used to reduce total debt....................................... _$ 0
C. Subtract certified amount spent from sales tax to reduce debt(enter zero if none).................... -s 0
D. Subtract amount paid from other resources............................................................ -$ 3,888,649
E. Adjusted debt.Subtract B,C and D from A. $ 26,663,981
43. Certified prior year excess debt collections.Enter the amount certified by the collector.11 $ 0
44. Adjusted current year debt.Subtract Line 43 from Line 42E. $ 26,663,981
45. Current year anticipated collection rate.
A. Enter the current year anticipated collection rate certified by the collector.11.............................. 100.00 %
B. Enter the prior year actual collection rate................................................................ 99.04 %
C. Enter the 2022 actual collection rate.................................................................... 99.64 %
D. Enter the 2021 actual collection rate.................................................................... 99.70 %
E. If the anticipated collection rate in A is lower than actual collection rates in B,C and D,enter the lowest
collection rate from B,C and D.If the anticipated rate in A is higher than at least one of the rates in the
prior three years,enter the rate from A.Note that the rate can be greater than 100%.J1 100.00 %
46. Current year debt adjusted for collections.Divide Line 44 by Line 45E. $ 26,663,981
47. Current year total taxable value.Enter the amount on Line 21 of the No-New-Revenue Tax Rate Worksheet. $ 25,298,237,554
48. Current year debt rate.Divide Line 46 by Line 47 and multiply by$100. $ 0.105398 /$100
49. Current year voter-approval tax rate.Add Lines 41 and 48. $ 0.471775 /5100
049. Disaster Line 49(D49):Current year voter-approval tax rate for taxing unit affected by disaster declaration.Complete this line if the
taxing unit calculated the voter-approval tax rate in the manner provided for a special taxing unit on Line D41.
Add Line D41 and 48.
$
"Tex.Tax Code 426.042(a)
"Tex.Tax Code 426.012(7)
^Tex.Tax Code 426.012(10)and 26.04(b)
b Tex.Tax Code 426.04(b)
"Tex.Tax Code 4426.04(h).(h-1)and(h-2)
For additional copies,visit:comptroller.texas.gov/taxes/property-tax Page 6
2024 Tax Rate Calculation Worksheet—Taxing Units Other Than School Districts or Water Districts Form 50-856
50. COUNTIES ONLY.Add together the voter-approval tax rates for each type of tax the county levies.The total is the current year county voter-approv-
al tax rate.
$ 0.000000 6100
Cities,counties and hospital districts may levy a sales tax specifically to reduce property taxes.Local voters by election must approve imposing or abolishing the additional sales
tax.If approved,the taxing unit must reduce its NNR and voter-approval tax rates to offset the expected sales tax revenue.
This section should only be completed by a county,city or hospital district that is required to adjust its NNR tax rate and/or voter-approval tax rate because it adopted the
additional sales tax.
51. Taxable Sales.For taxing units that adopted the sales tax in November of the prior tax year or May of the current tax year,enter the
Comptroller's estimate of taxable sales for the previous four quarters."Estimates of taxable sales may be obtained through the Comptroller's
Allocation Historical Summary webpage.
Taxing units that adopted the sales tax before November of the prior year,enter 0. S 0
S2. Estimated sales tax revenue.Counties exclude any amount that is or will be spent for economic development grants from the amount of esti-
mated sales tax revenue.11
Taxing units that adopted the sales tax in November of the prior tax year or in May of the current tax year.Multiply the amount on
Line 51 by the sales tax rate(.01,.005 or.0025,as applicable)and multiply the result by.95.'°
-or-
Taxing units that adopted the sales tax before November of the prior year.Enter the sales tax revenue for the previous four quarters.
Do not multiply by.95. S 29,662,907
53. Current year total taxable value.Enter the amount from Line 21 of the No-New-Revenue Tax Rate Worksheet. $ 25,298,237,554
54. Sales tax adjustment rate.Divide Line 52 by Line 53 and multiply by$100. $ 0.117252 /$100
55. Current year NNR tax rate,unadjusted for sales tax.35 Enter the rate from Line 26 or 27,as applicable,on the No-New-Revenue Tax Rate
Worksheet. S 0.331466 /Stoo
56. Current year NNR tax rate,adjusted for sales tax.
Taxing units that adopted the sales tax in November the prior tax year or in May of the current tax year.Subtract Line 54 from Line
55.Skip to Line 57 if you
adopted the additional sales tax before November of the prior tax year. S /5700
57. Current year voter-approval tax rate,unadjusted for sales tax.36 Enter the rate from Line 49,Line D49(disaster)or Line 50(counties)as
applicable,of the Voter-Approval Tax Rate Worksheet. S 0.471775 /Stoo
FSS.FCurrimt year voter-approval tax rate,adjusted for sales tax.Subtract Line 54 from Line 57. S 0.354523 /$100
SECTION 4:Voter Approval lax Rate Adjustn)ent for Pollution Contlul
A taxing unit may raise its rate for M&O funds used to pay for a facility,device or method for the control of air,water or land pollution.This includes any land,structure,building,
installation,excavation,machinery,equipment or device that is used,constructed,acquired or installed wholly or partly to meet or exceed pollution control requirements.The
taxing unit's expenses are those necessary to meet the requirements of a permit issued by the Texas Commission on Environmental Quality(TCEQ).The taxing unit must provide
the tax assessor with a copy of the TCEQ letter of determination that states the portion of the cost of the installation for pollution control.
This section should only be completed by a taxing unit that uses MSA funds to pay for a facility,device or method for the control of air,water or land pollution.
59. Certified expenses from the Texas Commission on Environmental Quality(TCEQ).Enter the amount certified in the determination letter
from TCEQ."The taxing unit shall provide its tax assessor-collector with a copy of the letter.11 $
60. Current year total taxable value.Enter the amount from Line 21 of the No-New-Revenue Tax Rate Worksheet. $
61. Additional rate for pollution control.Divide Line 59 by Line 60 and multiply by$100.
$ /5700
"Tex.Tax Code§26.041(d)
"Tex.Tax Code§26.041(i)
"Tn.Tax Code 526.041(d)
"Tex.Tax Code§26.04(c)
"Tex.Tax Code§26.04(c)
"Tex.Tax Code 526.045(d)
Tex Tax Code§26.045(i)
For additional copies,visit:comptroller.texas.gov/taxes/property-tax Page 7
2024 Tax Rate Calculation Worksheet-Taxing Units Other Than School Districts or Water Districts Form 50-856
62. ' Current year voter-approval tax rate,adjusted for pollution control.Add Line 61 to one of the following lines(as applicable):Line 49,Line
D49(disaster),Line 50(counties)or Line 58(taxing units with the additional sales tax). /Stoo
SECTION 5:Voter-Approval Tax Rate Adjustment for Unused Increment Rate J
The unused increment rate is the rate equal to the sum of the prior 3 years Foregone Revenue Amounts divided by the current taxable value.'The Foregone Revenue Amount for each
year is equal to that year's adopted tax rate subtracted from that year's voter-approval tax rate adjusted to remove the unused increment rate multiplied by that year's current total
value.A0 In a year where a taxing unit adopts a rate by applying any portion of the unused increment rate,the portion of the unused increment rate that was used must be backed out
of the calculation for that year.
The difference between the adopted tax rate and adjusted voter-approval tax rate is considered zero in the following scenarios:
a tax year in which a taxing unit affected by a disaster declaration calculates the tax rate under Tax Code Section 26.042;"
a tax year in which the municipality is a defunding municipality,as defined by Tax Code Section 26.0501(a);41or
after Jan.1,2022,a tax year in which the comptroller determines that the county implemented a budget reduction or reallocation described by Local Government Code
Section I20.002(a)without the required voter approval."
Individual components can be negative,but the overall rate will be the greater of zero or the calculated rate.
This section should only be completed by a taxing unit that does not meet the definition of a special taxing unit.
63. Year 3 Foregone Revenue Amount.Subtract the 2023 unused increment rate and 2023 actual tax rate from the 2023 voter-approval
tax rate.Multiply the result by the 2023 current total value
A.Vater-approval tax rate(Line 67)..................................................................................................... S 0.344659- /$too
B.Unused increment rate(Line 66)..................................................................................................... S 0.021245 /5100
C.Subtract B from A................................................................................................................... S 0.323414_/5100
D.Adopted Tax Rate................................................................................................................... S 0.342000 /5100
E.Subtract D from C................................................................................................................... $ -0.018586 /5100
F.2023 Total Taxable Value(Line 60).................................................................................................... $ 24,052,055.665
G.Multiply E by F and divide the results by$100........................................................................................ S 0
64. Year 2 Foregone Revenue Amount.Subtract the 2022 unused increment rate and 2022 actual tax rate from the 2022 voter-approval
tax rate.Multiply the result by the 2022 current total value
A.Voter-approval tax rate(Line 67)............. $ 0.363244 /$100
......................................................................
B.Unused increment rate(Line 66)...........................................................................
$ 0.029786 /5100
C.Subtract B from A................................................................................................................... 5 0.333458 /5100
D.Adopted Tax Rate............ ................... $ 0.342000 /$100
.................................................................................
E.Subtract D from C................................... ............. $ -0.008542 /$100
...................................................................
F.2022 Total Taxable Value(Line 60).................................................................................................... $ 21,693,026,463
G.Multiply E by F and divide the results by$100........................... 0
65. Year 1 Foregone Revenue Amount.Subtract the 2021 unused increment rate and 2021 actual tax rate from the 2021 voter-approval
tax rate.Multiply the result by the 2021 current total value
A.Voter-approval tax rate(Line 67)......... ........................................................................................... $ 0 426786 /$100
B.Unused increment rate(Line 66).....................................................................................................
5 0.021650 /$100
C.Subtract B from A................................................................................................................... $ 0.405136 /$100
D.Adopted Tax Rate................................................................................................................... $ 0.397000
/$100
E.Subtract D from C................................................................................................................... $ 0.008136 /$100
F.2021 Total Taxable Value(Line 60).................................................................................................... $ 17,670,723,796
G.Multiply E by F and divide the results by$100........................................................................................ S 1,437,690
66. Total Foregone Revenue Amount.Add Lines 63G,64G and 65G 5 1,437,690.0000
67. 2024 Unused Increment Rate.Divide Line 66 by Line 21 of the No-New-Revenue Rate Worksheet.Multiply the result by 100 $ 0.005682 /5100
68. Total 2024 voter-approval tax rate,including the unused increment rate.Add Line 67 to one of the following lines(as applicable):Line 49,
Line 50(counties),Line 58(taxing units with addit'oral sales tax)or Line 62(taxing units with pollution) g 0.360205 _/$100
"Tex.Tax Code§26.013(b)
"Tex.Tax Code§26.013(a)(1-a),(I-b),and(2)
"Tex.Tax Code§§26.04(c)(2)(A)and 26.0421a)
"Tex.Tax Code§§26.0501(a)and(d
"Tex.Local Gov't Code§I20.007(d)
"Tex.Local Gov't Code§I20.007(d)
For additional copies,visit:comptroller.texas.gov/taxes/property-tax Page 8
2024 Tax Rate Calculation Worksheet—Taxing Units Other Than School Districts or Water Districts Form 50-856
The de minimis rate is the rate equal to the sum ofthe no-new-revenue maintenance and operations rate,the rate that will raise$500,000,and the current debt rate for a taxing unit."
This section should only be completed by a taxing unit that is a municipality of less than 30,000 or a taxing unit that does not meet the definition of a special taxing unit.41
69. Adjusted current year NNR M&O tax rate.Enter the rate from Line 39 of the Voter-Approval Tar Rate Worksheet.
70. Current year total taxable value.Enter the amount on Line 21 of the No-New-Revenue Tax Rate Worksheet. $
71. Rate necessary to impose$S00,000 in taxes.Divide$500,000 by Line 70 and multiply by$100. $ I51oo
72. Current year debt rate.Enter the rate from Line 48 of the Voter-Approval Tax Rate Worksheet. $ /$100
73. De minimis rate.Add Lines 69,71 and 72.
$ 1$100
In the tax year after the end of the disaster calculation time period detailed in Tax Code Section 26.042(a),a taxing unit that calculated its voter-approval tax rate in the manner
provided for a special taxing unit due to a disaster must calculate its emergency revenue rate and reduce its voter-approval tax rate for that year.'
Similarly,if a taxing unit adopted a tax rate that exceeded its voter-approval tax rate,calculated normally,without holding an election to respond to a disaster,as allowed by Tax
Code Section 26.042(d),in the prior year,it must also reduce its voter-approval tax rate for the current tax year.i9
This section will apply to a taxing unit other than a special taxing unit that
directed the designated officer or employee to calculate the voter-approval tax rate of the taxing unit in the manner provided for a special taxing unit in the prior year;and
the current year is the first tax year in which the total taxable value of property taxable by the taxing unit as shown on the appraisal roll for the taxing unit submitted by
the
assessor for the taxing unit to the governing body exceeds the total taxable value of property taxable by the taxing unit on January 1 of the tax year In which the disaster
occurred or the disaster occurred four years ago,This section will apply to a taxing unit in a disaster area that adopted a tax rate greater than its voter-approval tax rate
without holding an election in the prior year.
Note:This section does not apply if a taxing unit is continuing to calculate its voter-approval tax rate in the manner provided for a special taxing unit because it is still within
the
disaster calculation time period detailed in Tax Code Section 26.042(a)because it has not met the conditions in Tax Code Section 26.042(a)(1)or(2).
74. 2023 adopted tax rate.Enter the rate in Line 4 of the No-New-Revenue Tax Rate Worksheet.
$ /5100
75. Adjusted 2023 voter-approval tax rate.Use the taxing unit's Tax Rate Calculation Worksheets from the prior year(s)to complete this line.
If a disaster occurred in 2023 and the taxing unit calculated its 2023 voter-approval tax rate using a multiplier of 1.08 on Disaster Line 41(D41)
of the 2023 worksheet due to a disaster,complete the applicable sections or lines of Form 50-856-a,Adjusted Voter-Approval Tax Rate for Taxing
Units in Disaster Area Calculation Worksheet.
-or-
If a disaster occurred prior to 2023 for which the taxing unit continued to calculate its voter-approval tax rate using a multiplier of 1.08 on $ /$100
Disaster Line 41(D41)in 2023,complete form 50-856-a,Adjusted Voter-Approval Tax Rate for Taxing Units in Disaster Area Calculation Worksheet
to recalculate the voter-approval tax rate the taxing unit would have calculated in 2023 if it had generated revenue based on an adopted tax
rate using a multiplier of 1.035 in the years following the disaster.so Enter the final adjusted 2023 voter-approval tax rate from the worksheet.
-or-
If the taxing unit adopted a tax rate above the 2023 voter-approval tax rate without calculating a disaster tax rate or holding an election due to
a disaster,no recalculation is necessary.Enter the voter-approval tax rate from the prior year's worksheet.
76. Increase in 2023 tax rate due to disaster.Subtract Line 75 from Line 74.
S1$100
77. Adjusted 2023 taxable value.Enter the amount in Line 14 of the No-New-Revenue Tax Rate Worksheet. $
78. Emergency revenue.Multiply Line 76 by Line 77 and divide by$100. $
79. Adjusted 2023 taxable value.Enter the amount in Line 25 of the No-New-Revenue Tax Rate Worksheet. $
80. Emergency revenue rate.Divide Line 78 by Line 79 and multiply by$100.51 S /5100
"Tex.Tax Code 426.04(c)(2)(8)
"Tex.Tax Code 426.012(8x)
"Tex.Tax Code 526.063(a)(1)
"Tex.Tax Code 426.042(b)
"Tex.Tax Code 526.042(n
"Tex.Tax Code 4426.42(c)
+'Tex.Tax Code 4426.42(b)
For additional copies,visit:comptroller.texas.gov/taxes/property-tax Page 9
2024 Tax Rate Calculation Worksheet-Taxing Units Other Than School Districts or Water Districts Form 50-856
81. Current year voter-approval tax rate,adjusted for emergency revenue.Subtract Line 80 from one of the following lines(as applicable):
Line 49,Line D49(disaster),Line 50(counties),Line 58(taxing units with the additional sales tax),Line 62(taxing units with pollution control)
or Line 68(taxing units with the unused increment rate). $ /$100
Indicate the applicable total tax rates as calculated above.
No-new-revenue tax rate................................................................................................................. $ 0.331466 /$100
As applicable,enter the current year NNR tax rate from:Line 26,Line 27(counties),or Line 56(adjusted for sales tax).
Indicate the line number used: 26
Voter-approval tax rate................................................................................................................... S 0.360205 /5100
As applicable,enter the current year voter-approval tax rate from:Line 49,Line D49(disaster),Line 50(counties),Line 58(adjusted for sales tax),
Line 62(adjusted for pollution control),Line 68(adjusted for unused increment),or Line 81(adjusted for emergency revenue).
Indicate the line number used: 68
De minimis rate..................................................................... 5 /5100
......................................................
If applicable,enter the current year de minimis rate from Line 73.
Enter the name of the person preparing the tax rate as authorized by the governing body of the taxing unit.By signing below,you certify that you are the designated officer or
employee of the taxing unit and have accurately calculated the tax rates using values that are the same as the values shown in the taxing unit's certified appraisal roll or certified
estimate of taxable value,in accordance with requirements in the Tax Code.s'
print
here Ct,I�Y•
Printed Name of Ta ng U R sentati
sign $, i'
here
axi nit R e to a Date
"Tex.Tax Code 4426.04(c-2)and(d-2)
For additional copies,visit:comptroller.texas.gov/taxes/property-tax Page 10
EXHIBIT
,.B„
Certification of Additional Sales
and Use Tax to Pay Debt Services
THE STATE OF TEXAS,
County of Williamson
Chief Financial Officer or Auditor: Susan Morgan, CPA
For the taxing unit: City of Round Rock
Hereby certifies that the amount of additional sales and use tax revenue collected to pay debt service has been deducted from the total amount described
by Tax Code Section 26.05(e-1),26.04(e)(3)(C)and 26.05(a)(1).
This certification is submitted to the governing body of City of Round Rock on 8/7/24
Signature withheld for security purposes
Signature of Financial Officer or Auditor
Form developed by:Texas Comptroller of Public Accounts,Property Tax Assistance Division For additional copies,visit:
comptroller.texas.gov/taxes/property-tax